Documents for a loan or instalment plan in Georgia

For a bank loan

Georgian banks assess foreign applicants individually. Commonly requested are:

• —Passport or other valid ID
• —Proof of income, such as payslips, an employment contract or a tax assessment if self-employed
• —Bank statements showing your equity and the source of funds
• —The purchase or preliminary agreement and a current extract from the Public Registry (NAPR)
• —A valuation report on the property, usually commissioned by the bank

For a developer instalment plan

With an instalment plan no bank checks your creditworthiness. That makes the documents you receive from the developer — and check yourself — all the more important:

• —Purchase or preliminary agreement with payment schedule, handover date and rules on delay
• —Registry extract showing who owns the land and whether any encumbrances are recorded
• —The project's construction permit
• —Proof of payment for every instalment

Translations and certification

Foreign documents often need to be translated and notarised, sometimes with an apostille. The bank, notary or registry office decides which form is required — ideally clarify this before you travel.

Power of attorney if you are not on site

Many steps can be handled through a notarised power of attorney. Agree its scope and form with the Georgian notary in advance.